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From the archives: President Nixon speaks on the oil crisis of 1973
Posted
March 14, 2026
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March 14, 2026
5,733
89
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2.30%
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29:25Now PlayingThen-President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. Fueled by the Yom Kippur War, members of the Organization of the Petroleum Exporting Countries in the Middle East banned the sale of oil to the U.S. and other countries, sharply raising gas prices for Americans as they faced their first fuel shortage since WWII.
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